What does secondary market same store — total assets mean?

This metric measures the total book value of real estate assets classified within the stabilized secondary market portfolio. It reflects the capital investment allocated to these specific properties that have been owned and stabilized for at least one full year. Investors use this to understand the scale and capital intensity of the company's secondary market footprint.

Mid-America Apartment Communities MAA Secondary Market Same Store — Total Assets

Discontinued — last reported Q4 '17

Similar metrics at other companies

YUMCAll Other Segments — Total Assets

$306M+1.7%

CHMIAll Other Segments — Total Assets

$47.29M-1.3%

IDXXOther — Total Assets

$3.86M+26.3%

MCDU.S. — Total Assets

$22.99B—

ARESSecondaries Group — Total Assets

$8.22B-47.4%

TRG

TRGPAll Other Segments — Total Assets

$100K—

Other financials

Income statement

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Revenue$553.7M+0.8%

Net income$124.4M-31.5%

EPS (diluted)$1.06-31.2%

Balance sheet

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Cash & equivalents$71.5M+28.2%

Total debt$23.8M-7.2%

Total equity$5.5B-6.9%

Total assets$12.0B+1.5%

Cash flow

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Operating cash flow$149.6M-23.9%

CapEx$58.4M-19.6%

Free cash flow$91.3M-26.4%

Valuation

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Market cap$15.42B-27.1%

Enterprise value$15.37B-27.3%

P/E39.6×+2.2×

P/S7×-2.7×

Profitability

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Net margin17.6%-8.1pp

FCF margin31%-3.3pp

Returns & leverage

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Return on equity6.8%-2.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Mid-America Apartment Communities in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The official record: Mid-America Apartment Communities’s 10-K, filed February 23, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does secondary market same store — total assets mean?: This metric measures the total book value of real estate assets classified within the stabilized secondary market portfolio. It reflects the capital investment allocated to these specific properties that have been owned and stabilized for at least one full year. Investors use this to understand the scale and capital intensity of the company's secondary market footprint.